Willingness to Pay in Treatment of Bleeding Disorders

Eastaugh, Steven R.

doi:10.1017/s0266462300101266

Cited by 20 publications

(10 citation statements)

References 7 publications

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“…The sensitivity of the willingness-to-pay responses to income was expected a priori because according to economic theory, willingness-to-pay values increase with income. Our correlations between willingness-to-pay and income are an important check of the theoretical validity of willingness to pay, which is confirmed in many other willingness-to-pay studies [5,[31][32][33][34][35][36][37][38][39][40]. Willingness-to-pay and willingness to give up time responses for MRA correlated with the experienced burden associated with undergoing MRA.…”

Section: Discussionsupporting

confidence: 80%

A comparison between willingness to pay and willingness to give up time

et al. 2008

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We compared the willingness-to-pay and willingness to give up time methods to assess preferences for digital subtraction angiography (DSA), computed tomography angiography (CTA) and magnetic resonance angiography (MRA). Respondents were hypertensive patients suspected of having renal artery stenosis. Data were gathered using telephone interviews. Both the willingness-to-pay and willingness to give up time methods revealed that patients preferred CTA to MRA in order to avoid DSA. The agreement between willingness-to-pay and willingness to give up time responses was high (kappa 0.65-0.85). The willingness-to-pay method yielded relatively more protest answers (12%) as compared to willingness to give up time (2%). So, our results provided evidence for the comparability of willingness to pay and willingness to give up time. The high percentage of protest answers on the willingness-to-pay questions raises questions with respect to the application of the willingness-to-pay method in a broad decision-making context. On the other hand, the strength of willingness-to-pay is that the method directly arrives at a monetary measure well founded in economic theory, whereas the willingness to give up time method requires conversion to monetary units.

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Section: Discussionsupporting

confidence: 80%

A comparison between willingness to pay and willingness to give up time

et al. 2008

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“…As noted earlier, the existence of such bias in bidding games remains the subject of debate amongst those concerned with contingent valuation in health care. Some analysts [9,15] have failed to detect it in their results, although, it seems, slightly more researchers have [16][17][18][19]. Our findings place us in the latter camp.…”

Section: Discussionmentioning

confidence: 46%

Comparing willingness-to-pay: bidding game format versus open-ended and payment scale formats

2004

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“…In terms of the size of the population, more than 100 million people in small cities would be willing to buy private health insurance in China, with an annual premium of more than 20 billion RMB. The same starting bid of 50 RMB or 100 RMB was used for all survey participants the WTP might be biased by the starting point (Johannesson and Jonsson, 1991;Dalmau-Matarrodona, 2001;Eastaugh, 2000;Klose, 1999). Starting-point bias happens when the initial bid 'anchors' or biases the respondent's subsequent answers.…”

Section: Discussionmentioning

confidence: 99%

“…There are many WTP studies on disease treatment, new technology, and outcome evaluation of health care using CVM for health services in developed countries (Dalmau-Matarrodona, 2001;Eastaugh, 2000;Hirth et al, 2000;Kartman et al, 1996). Relatively few studies on health insurance in developing countries have been done with CVM.…”

Section: Previous Researchmentioning

confidence: 99%

Demand for private health insurance in Chinese urban areas

Ying

Ren

et al. 2007

Health Economics

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Between 1993 and 2003, the proportion of urban residents without health insurance rose from 27 to 50%. The probability of outpatient visits in the previous 2 weeks dropped from 19.9 to 11.8% in urban areas between 1993 and 2003, and from 16.0 to 13.9% in rural areas. To improve risk-pooling and risk-sharing, private health insurance should play an important role in China's health insurance system. This paper estimates the demand for private health insurance in urban areas using contingent valuation methods. Individuals were asked about their willingness-to-pay (WTP) for major catastrophic disease insurance (MCDI), inpatient expenses insurance (IEI), and outpatient expenses insurance (OEI). The study was based on a household survey conducted in four small cities in China in 2004 and included 2671 respondents. More people would like to buy IEI and MCDI (48.5 and 43.0%, respectively) than OEI (24.5%). In addition, individuals would pay a higher premium for MCDI and IEI than for OEI. The price elasticities of demand for MCDI, IEI, and OEI were -0.27, -0.34, and -0.42, respectively. The determinants of enrollment in the three private health insurance programs were similar with employment status, age, education, and income.

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Willingness to Pay in Treatment of Bleeding Disorders

Cited by 20 publications

References 7 publications

A comparison between willingness to pay and willingness to give up time

A comparison between willingness to pay and willingness to give up time

Comparing willingness-to-pay: bidding game format versus open-ended and payment scale formats

Demand for private health insurance in Chinese urban areas

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